Vanguard Total Bond Market Index is a great core bond holding. Under our enhanced ratings framework, which places a greater emphasis on fees, the Morningstar Analyst Rating for the strategy’s cheapest share classes has been upgraded to Gold from Silver. The strategy’s more expensive Admiral and Investor share classes are rated Silver and Bronze rating, respectively.
Vanguard Total Bond Market Index Inv VBMFX
NAV / 1-Day Return
11.52
/
0.19
%
Total Assets
69.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.150%
Expense Ratio
0.150%
Fee Level
Low
Longest Manager Tenure
7.90
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
3,000
Status
Limited
TTM Yield
2.13%
Effective Duration
6.68
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VBMFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VBMFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VBMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VBMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is an excellent investment-grade bond fund.
